Hydrogen Ireland have welcomed news that a cross-party group of more than 60 MPs and peers have secured a debate in the House of Lords on 17 September as part of growing calls for a “UK hydrogen strategy”.
Hydrogen Strategy Now, a cross-industry campaign group that includes Vattenfall, Siemens, Orsted and Uniper, have pointed out that MPs and industry are “calling on the Government to move fast” to realise the hydrogen opportunity and “achieve the maximum economic benefit”.
Committee on Climate Change vice chair Baroness Brown and former Secretary of State for Transport Chris Grayling are supporting the group.
Baroness Brown said: “The hydrogen economy is set to be worth $2.5trn and create 30 million jobs globally by 2050.”
The businesses that have formed Hydrogen Strategy Now have pledged to invest £1.5bn in UK hydrogen technologies.
Hydrogen Strategy Now noted that during 2020 senior cabinet members, including Chancellor Rishi Sunak, Michael Gove, Duchy of Lancaster, Welsh Secretary Simon Hart and Northern Ireland Secretary Brandon Lewis, all visited sites of UK-made hydrogen technology.
Hydrogen Strategy Now said a UK-wide hydrogen economy will create hundreds of thousands of high-skilled, green jobs, in alignment with the Government’s ‘levelling-up’ agenda.
The group also said such a strategy will help the UK meet its 2050 net zero target and improve air quality in towns and cities, as well as attract inward investment into the UK, while unlocking export opportunities and boost the UK’s energy security.